Jeremy Lin is now a member of the Atlanta Hawks. According to ESPN's Adrian Wojnarowski, the Brooklyn Nets traded the veteran guard for a 2020 second-round pick and the rights to Isaia Cordinier, the 44th pick in the 2016 NBA Draft. The Hawks also acquired a 2025 second-round pick from the Nets, as well as the right to swap second-round picks in 2023.

In the Jeremy Lin deal, Atlanta sends the Nets the rights to 2016 second-round pick Isaia Cordinier (you'll probably never see him). Atlanta gets a 2025 second-round pick and the right to swap picks with Nets in 2023.

Lin appeared in only 37 games over two seasons with the Nets due to injuries. He is owed $12.5 million next season, the final year of his contract. While the Hawks already have two points guards on their roster in Dennis Schroder and Trae Young, the addition of Lin could "expedite a Schroder trade this summer."

The Nets pulled off another trade on Thursday night, in which they sent Isaiah Whitehead to the Denver Nuggets for Kenneth Faried, Darrell Arthur, a 2019 protected first-round pick and a 2020 second-round pick. Whereas the deal gives the Nets future draft picks, the Nuggets will save over $40 million in payroll and luxury tax next season by moving on from Faried and Arthur, Wojnarowski notes.